🐋 $BTW fell below the 1.2 level.
There are often plenty of orders clustered around key levels, so first understand why they matter.
The longer it has been since the price last reached this level, the more the positioning around it is likely to have changed. The balance of bullish and bearish forces from the past may no longer hold.
Reading indicators isn’t difficult; the hard part is sticking to the rules when emotions are running high.
#BTW
There are often plenty of orders clustered around key levels, so first understand why they matter.
The longer it has been since the price last reached this level, the more the positioning around it is likely to have changed. The balance of bullish and bearish forces from the past may no longer hold.
Reading indicators isn’t difficult; the hard part is sticking to the rules when emotions are running high.
#BTW
